Federal Grid Company Rosseti PJSC (MIC:FEES) Inventory Turnover : 3.53 (As of Jun. 2023)

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What is Federal Grid Company Rosseti PJSC Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Federal Grid Company Rosseti PJSC's Cost of Goods Sold for the three months ended in Jun. 2023 was ₽124,824 Mil. Federal Grid Company Rosseti PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽35,341 Mil. Federal Grid Company Rosseti PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Federal Grid Company Rosseti PJSC's Days Inventory for the three months ended in Jun. 2023 was 25.83.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Federal Grid Company Rosseti PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.11.

Federal Grid Company Rosseti PJSC Inventory Turnover Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Federal Grid Company Rosseti PJSC Inventory Turnover Chart

Federal Grid Company Rosseti PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

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4.10

3.65

3.71

3.12

3.07

Federal Grid Company Rosseti PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun23
Inventory Turnover	Get a 7-Day Free Trial															0.87	0.76	0.72	0.76	3.53

Federal Grid Company Rosseti PJSC Inventory Turnover Calculation

Federal Grid Company Rosseti PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	52904	/ (	(16968	+	17526)	/	2 )
=	52904	/	17247
=	3.07

Federal Grid Company Rosseti PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	124824	/ (	(19001	+	51680)	/	2 )
=	124824	/	35340.5
=	3.53

Federal Grid Company Rosseti PJSC (MIC:FEES) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Federal Grid Company Rosseti PJSC's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	35340.5	/	124824	*	365 / 4
	=	25.83

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Federal Grid Company Rosseti PJSC's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	35340.5	/	323804
	=	0.11

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Federal Grid Company Rosseti PJSC Inventory Turnover Related Terms

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Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

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Address

5A, Akademika Chelomeya Street, Moscow, RUS, 117630

Website

https://www.fsk-ees.ru

Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

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